Palm Green
Palm Green is a freehold apartment in District 5 (Queenstown) that obtained TOP in 1999, with 40 units across 1 block. Across 84 transactions on record, units have recently transacted around S$1.33M (S$1,056 psf, ~1,259 sqft).
What are the key facts about Palm Green?
Palm Green is a freehold apartment in District 5 (Queenstown) that obtained TOP in 1999, with 40 units across 1 block.
- Tenure
- Freehold
- TOP / Completion
- 1999
- Developer
- PARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD)
- Total units
- 40
- Blocks
- 1
- District / Area
- District 5 (Queenstown)
- Market segment
- RCR
- Median PSF
- S$1,056 psf
- Last transacted
- Oct 2025
- Remaining lease
- Freehold
What is the price and PSF at Palm Green?
Units have recently transacted around S$1.33M (S$1,056 psf), at a gross rental yield of about 2.5% (URA caveat data).
Recent median price
S$1.33M
recent · 84 sales on record
Median PSF
S$1,056 psf
recent transactions
Median rent (monthly)
S$2,802
284 rentals on record
Gross rental yield
2.5%
indicative, gross
Source: URA caveat data, through Oct 2025.
What has recently sold at Palm Green?
Palm Green has 84 recorded sales; the most recent transacted at S$1,680,000 in Oct 2025 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Oct 2025 | S$1,680,000 | 1,130 | S$1,486 psf |
| Dec 2024 | S$1,780,000 | 1,292 | S$1,378 psf |
| Apr 2024 | S$1,550,000 | 1,292 | S$1,200 psf |
| Aug 2021 | S$1,240,000 | 1,109 | S$1,118 psf |
| Jul 2021 | S$1,300,000 | 1,130 | S$1,150 psf |
| May 2021 | S$1,580,000 | 1,302 | S$1,213 psf |
| Mar 2021 | S$1,326,665 | 1,410 | S$941 psf |
| Jan 2020 | S$1,330,000 | 1,259 | S$1,056 psf |
| Jun 2019 | S$1,080,000 | 1,130 | S$956 psf |
| Aug 2018 | S$1,450,000 | 1,399 | S$1,036 psf |
| Sept 2017 | S$1,280,000 | 1,367 | S$936 psf |
| Sept 2017 | S$1,200,000 | 1,259 | S$953 psf |
84 sales and 284 rentals on record since Dec 1997. Source: URA.
Are prices at Palm Green rising?
The median transacted PSF at Palm Green has risen 153% over the past 22 years (2002–2024), from S$474 psf to S$1,200 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2024 | S$1,200 psf | S$1.55M | 2 | +7.3% |
| 2021 | S$1,118 psf | S$1.30M | 4 | +26.3% |
| 2017 | S$885 psf | S$1.12M | 4 | -3.1% |
| 2015 | S$913 psf | S$1.15M | 5 | -5.8% |
| 2013 | S$969 psf | S$1.23M | 2 | +5.1% |
| 2012 | S$922 psf | S$1.12M | 5 | +23.6% |
| 2010 | S$746 psf | S$843k | 3 | +43.5% |
| 2007 | S$520 psf | S$588k | 5 | +7.9% |
| 2006 | S$482 psf | S$622k | 2 | +1.7% |
| 2002 | S$474 psf | S$520k | 2 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Palm Green?
8,572 CEA-registered agents closed at least one recorded deal in District 5 — where Palm Green sits — in the last 12 months, across all property types.
Active agents · 12mo
8,572
District 5 · closed ≥1 deal
Deals on record
46,728
all-time · all property types
Source: CEA public transaction records, attributed to District 5across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
Where is Palm Green and what's nearby?
Palm Green is located in Queenstown, in the Central Region of Singapore.
Palm Green is a freehold apartment completed in 1999. It was developed by PARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD). The development has 40 residential units. It sits on a land area of 3,516 sqm and has a gross floor area of 4,922 sqm. The plot ratio is 1.4.
PALM GREEN is located at 481 Pasir Panjang Road, Singapore 117621. It is part of District 05, Pasir Panjang / Hong Leong Garden / Clementi New Town, Queenstown. The project falls within the Central Region and the RCR market segment.
Nearby amenities include West Coast Plaza for shopping and Clementi Woods Park for greenery and recreation. Facilities in the development include Basement car park, Playground, 24 hours security, Swimming pool, and Wading pool.
Who built Palm Green and how big is the development?
Palm Green was developed by PARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD), with 40 units.
- Developer
- PARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD)
- Blocks
- 1
- Land area
- 3,516 sqm (37,846 sqft)
- Gross floor area
- 4,922 sqm (52,980 sqft)
- Plot ratio
- 1.40
How far is Palm Green from MRT and schools?
Schools nearby
- Kent Ridge Secondary SchoolSecondary school1.2 km
- Nus High School Of Mathematics And ScienceMixed-level school1.6 km
- Anglo-Chinese School (Independent)Mixed-level school1.9 km
- Nan Hua High SchoolSecondary school1.9 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Palm Green have?
Palm Green has 5 facilities, including Basement car park, Playground, 24 hours security, Swimming pool, and more.
What does it cost to own a unit at Palm Green?
Buying a unit at Palm Green (~S$1.33M) needs about S$9,712/mo in income and S$4,468/mo in repayments, after S$37,667 stamp duty and a S$332k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.33M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$37,667
BSD, tiered
Downpayment (25%)
S$332k
cash + CPF
Monthly instalment
S$4,468/mo
30y @ 3.5%
Income required
S$9,712/mo
TDSR @ stress rate
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Palm Green? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Palm Green's own transactions.
PropKakiRecent units at Palm Green sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Palm Green
How much does a unit at Palm Green cost?⌄
Units at Palm Green have recently transacted around S$1.33M (S$1,056 psf), from 84 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Palm Green?⌄
For a unit around S$1.33M as a first home, you'd need roughly S$9,712/mo in income (assessed at the stress-test rate), with repayments near S$4,468/mo after a S$332k (25%) downpayment and S$37,667 Buyer's Stamp Duty.
Is Palm Green a good investment?⌄
Gross rental yield is about 2.5%; median PSF has risen about 153% since 2002. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Are prices at Palm Green going up?⌄
The median transacted PSF at Palm Green has risen about 153% between 2002 and 2024, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Palm Green freehold or leasehold?⌄
Palm Green is freehold — ownership does not expire.
When was Palm Green built and who developed it?⌄
Palm Green obtained TOP in 1999, developed by PARKSTONE REAL ESTATE PTE LTD (ECICS PROPERTY LTD), with 40 units across 1 block.